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but in mcafee's defense, he probably did kill his neighbor. charles: he could be charlie sheen's friend. that would be a sight to see. thank you, we will talk to you later. meanwhile, while everyone is worried about the economy plunging over the cliff, it looks like the funding for medical devices has already fallen over the cliff. investors are now pulling the plug. >> they make heart comes and stands and prosthetic devices for returning soldiers. they make devices to work on brain tumors. what is happening is that obamacare, we are finding all sorts of odd taxes that are coming out. now, we are seeing the medical device tax is a big one. basically, this is a tax that will hit the medical industry, and it doesn't hit profits, it hits their sales. charles: the products that keep us alive and help us, by the way, when you say there is not going to be attacks a tax on the middle class, this taxes every person that may ever have to go to a hospital and meet one of these devices. >> yes, that's right. 43,000 jobs cut possibly in this industry. thi
but in mcafee's defense, he probably did kill his neighbor. charles: he could be charlie sheen's friend. that would be a sight to see. thank you, we will talk to you later. meanwhile, while everyone is worried about the economy plunging over the cliff, it looks like the funding for medical devices has already fallen over the cliff. investors are now pulling the plug. >> they make heart comes and stands and prosthetic devices for returning soldiers. they make devices to work on brain...
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is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition. tracy: that probably should have >> they should. tracy: thank you fobeing here. the coming collapse of china. it is coming. >> it is. tracy: we want to know wha you think about all this. here is our question tonight. is the u.s. still a superpower or will china be number one soon? log onto gerriwils.com and vote on the right hand side of the screen command we will share the results of the end of the show. coming up, is it the case of false advertising? "consumer repports" says the fod fusion is not as green as ford says it i. come on. we're going to have details trick from the magazine's mount next. ♪ [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods [ heart rate increases ] man: a few inches of water caused all this? [ heart rat
is basically putting a defense. >> the chinese put up a fence. we couldn't buy if it were a chinese enterprise. we can stop this because the committee on foreign investment in the u.s. has the final say on sensitive acquisitions. and so they cann stop the acquisition. tracy: that probably should have >> they should. tracy: thank you fobeing here. the coming collapse of china. it is coming. >> it is. tracy: we want to know wha you think about all this. here is our question...
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what this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case. i'm hoping we'll have new members come in. and you know, we -- just saw it, i got involved in not a fiscal thing but it had to do with a u.n. treaty that the left's to s to hoist on u.s. that thing was going to pass, we got involved, an organization that i run, patriot voices, we stirred up the pot, got people to pay attention. neil: you are a force, you are a very commanding force it would be in upper tier of perspective presidential candidate. >> i appreciate, that but point is, i do not say that to pat our organization on the back. neilback. >> i want voices of america t
what this is as a conservative, defense is 16% of the budget. other 84% gets half a trillion, defense getting half a trillion. the democrats are welcoming this to happen. >> the guy who ran second to mitt romney, many argue now with -- i think this is -- republicans are running with tail between their legs, and they are a lighter blue. >> they are referred to as cheap democrats. neil: you are persona nongratta now. or party we knew is gone. >> i'm hoping that is not the case....
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>> near term we are in defensive. health care ihealth care in pard like in that area. we really like the farmers and the staples as a place to hang out. >> it still has a pretty good dividend on it. pfizer is still a relatively cheap stock as people are worried about the pipeline, etc. but actually think it is a healthy company that has been undervalued for some time. liz: once you're out of the bear suit, what are you going to buy? >> then we will buy supercold as the economic news gets a lot better. i want to own consumer supercold, industrials in particular would like. but even spread out into places like germany, china, emerging market that we have been buying the last couple of months. liz: chin steve has a china plae don't want to miss. 30 billion in assets under management. he is working his money, trust us. the closing belllin 50 minutes. a fall off the fiscal cliff will derail the programs helping the hosing recover. for the homebuilders worried? toll brothers is the 800-pound gorilla, they would know. a fox business exclusive with dogeared leaflets which tell
>> near term we are in defensive. health care ihealth care in pard like in that area. we really like the farmers and the staples as a place to hang out. >> it still has a pretty good dividend on it. pfizer is still a relatively cheap stock as people are worried about the pipeline, etc. but actually think it is a healthy company that has been undervalued for some time. liz: once you're out of the bear suit, what are you going to buy? >> then we will buy supercold as the...
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the $1.2 trillion in force budget cuts on the defense department. plus the bush tax cuts. it means we are approaching the 2 trillion-dollar shock to the system. it is the best deal in transit at maximum of maximum spending cuts. the president is talking about two to one. twice as much tax hike is spending cuts. this inverted, it's the best deal for the republicans, both parties and the president agree, and they can't win anybody if we go ovethe fiscal cliff because that was the deathat they made. tracy: yes, it is crazy. i'm sure you will be talking about it. when you have coming up? >> we have john silva, chief economist at wells fargo to talk about what the new year holds in store for us in the economy. irrespective of the fiscal cliff, we are going to have $270 billion in tax hikes that start effective january 1. thank you, obamacare. nancy pelosi has said that if you want to find out what's in it, just pass it. we are finding out and we are going to have a terrific group of people, including john cruz, the vice president of hsbc, who is the whistleblower on the $1.9 bi
the $1.2 trillion in force budget cuts on the defense department. plus the bush tax cuts. it means we are approaching the 2 trillion-dollar shock to the system. it is the best deal in transit at maximum of maximum spending cuts. the president is talking about two to one. twice as much tax hike is spending cuts. this inverted, it's the best deal for the republicans, both parties and the president agree, and they can't win anybody if we go ovethe fiscal cliff because that was the deathat they...
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you have a defense that you have a bleeding defense sector stock. that will obviously be impacted greatly depending on what happens. if you look at lockheed martin over the last six-eight weeks, it really has held its own. it is trading in a fairly narrow range. it is trending near its all-time high. maybe a barometer of what they happen to some of these stocks depending on the fiscal cliff. maybe things will not be so bad. on the other hand, now you have a stock in a completely separate sector. locate gap stores. all of a sudden end of last week, we saw this huge drop. the stock down about 15%. liz: what is it about gap at this point? >> >> it has been on such a great rally. i think there is some sentiment that because they did not announce any sort of forward diviiend that some of the investors are disappointed. with this thursday coming out with november retail sales data, people are thinking it is maybe not so good much like people are saying at apple that people are taking money off the table, that may be the same story with gap. liz: one story
you have a defense that you have a bleeding defense sector stock. that will obviously be impacted greatly depending on what happens. if you look at lockheed martin over the last six-eight weeks, it really has held its own. it is trading in a fairly narrow range. it is trending near its all-time high. maybe a barometer of what they happen to some of these stocks depending on the fiscal cliff. maybe things will not be so bad. on the other hand, now you have a stock in a completely separate...
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gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state budget. the federal strings are tied. i asked the president about this. the federal funds that come down to the state as you may cuts -- we can still have the strength attached to it. it doesn't give leeway to meet your unique circumstances in our state. we are all different. different budgets, different employment rates, different constitutions, different laws. different styles of living and means within our budget. give us some flexibility. gerri: i expect you to be a little bit more upbeat about the fiscal cliff, but i have to tell you, you sound like a lot of people in washington today. concerns over whether these leaders can get together and find common ground and resolve this issue. it would be meaningful to stay like yours. governor, thank you so much for coming on. >> thank you, gerri. gerri: it's not just politicians
gerri: with the defense cuts come if we do over the cliff, it will cost $100 million or over that? >> 137 million. gerri: would this put you into the red? >> it certainly could. we are still looking at obama's health care plan and what it will do to the state budget. the federal strings are tied. i asked the president about this. the federal funds that come down to the state as you may cuts -- we can still have the strength attached to it. it doesn't give leeway to meet your unique...
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it is more of a defensive posture to say let's really make sure that we can continue to be a viable entity. tracy: it's interesting that you think obamacare could be part of the decision process. we are saying that we need to hold onto our own cash. the problem is you could be buying in at the market high points. >> well, if that is the only thing you are counting on is that company retirement needs, then you have a personal problem. [laughter] tracy: 46% of americans say they have saved less than $10,000 for retirement. >> that's right. the statistics are staggering. if you look at it in entirety, you think about where did all this come from, what is this notion of retirement. the three legged stool. pensions, iras, four o. one kays. all of that coming together. what is left anymore? pensions have been shut down companies. pensions are bankrupting municipalities. we talked about social security, it's ppobably not something that we can count on. it is really personal savings. when you look deeper at personal savings from these statistics are alarming. this generation an era that we have gr
it is more of a defensive posture to say let's really make sure that we can continue to be a viable entity. tracy: it's interesting that you think obamacare could be part of the decision process. we are saying that we need to hold onto our own cash. the problem is you could be buying in at the market high points. >> well, if that is the only thing you are counting on is that company retirement needs, then you have a personal problem. [laughter] tracy: 46% of americans say they have saved...
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will feel it will be with payroll tax, and amt, alternative minimum tax, cut to medicare, and cuts to defense. that is for real, that happens. that is immediate. the rise in rates due to obamacare, and the bush tax cut expiring, those actually do not take effect, they will not owe them until 2014, i think that president thinks he has time. but, this is -- this is why it important i think, for us to tell the truth. and be grown ups, the president thinks in short-term, he can just continue to go out and campaign, and maybe in short-term republicans will take will blame. i'm ready to take the blame, i am going to tell the truth to my constituents. lou: take the blame. that is an interesting eing expression. the fact is, his ultimatum is only -- the only decision taken that will result in this occurring, rather than a collective bargain heaed positi. i do not see where republicans should take any blame, why isn't your leadership, if you will, say, you go ahead, you own it you eat it? lou: i believe at the end of the day that is what we'll say. but for right now, lou we're still here, we're workin
will feel it will be with payroll tax, and amt, alternative minimum tax, cut to medicare, and cuts to defense. that is for real, that happens. that is immediate. the rise in rates due to obamacare, and the bush tax cut expiring, those actually do not take effect, they will not owe them until 2014, i think that president thinks he has time. but, this is -- this is why it important i think, for us to tell the truth. and be grown ups, the president thinks in short-term, he can just continue to go...
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gerri: and 8,000 jobs with defense cuts. cost eight -- 100 million? you have had a surplus will this put you into the red? >> it could. we still look at the federal obama's health care plan with the budget will cost money then look of the mandates tied with the federal money. i asked the president, is you have these federal funds coming down to the states and the strings are still attached it does not give us leeway for our different circumstance -- circumstances other states different constitutions, laws, differe nt styles of living and different needs for the budget. give us some flexibility. gerri: i hope you were more upbeat with the fiscal cliff that use sound like many people big concerns the people can get together and find common ground. it is meaningful to est. like yours. we appreciate your time. gerri: it is not just politicians and ceos. even baseball players take note to. there all top 2% and major league baseball stars just signed a five-year contract with the atlanta braves worth more than $75 million. the $3 billion signing bonus somet
gerri: and 8,000 jobs with defense cuts. cost eight -- 100 million? you have had a surplus will this put you into the red? >> it could. we still look at the federal obama's health care plan with the budget will cost money then look of the mandates tied with the federal money. i asked the president, is you have these federal funds coming down to the states and the strings are still attached it does not give us leeway for our different circumstance -- circumstances other states different...
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republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93 million americans hitting the highways over the holidays, just 400,000 people shy of the record set in 2006. we continue our count down to the closing bell with the woman who likes her politics the same hi way likes her martinis, shaken, not stirred. liz: no, a mojito, light on the rum, adam. get it right. >> you look like a vodka woman to me, i don't know. liz: never. can't deal with that. a rough year for jcpenney, but things changing. the stock popped, but now the stock is up more than 17% this week alone. nicole? >> what a run for a company that's been struggling, sales dwindle, less traffic, ron johnson figuring out a way to ge
republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93 million americans hitting...
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major cuts to defense spending, no changes to entitlements. david: if i'm tea party member i've had my legs cut out from john boehner. >> that is absolutely you try. if impresident of the united states and democrats i need a plan that allows us to raise the debt ceiling in 2013. the way i view it you blunt severe components of it but still fiscal drag at beginning of the year. you will still have uncertainty what the size and scope of the federal government will look like 2013 and beyond. is it priced into the market? these markets are trading at generally reasonable valuations. certainly not as cheap as it was last august but stocks are as cheap to bonds as they have been in a very long time. lauren: thank you, brian. i love how we said our portfolios are out of style. david: why he is senior economist for oppenheimer. thanks a lot. >>> a big blow to organized labor in michigan of all places the home of the uaw. state lawmakers approving right to work legislation there. coming up next a state senator on the fast and controversial move that to
major cuts to defense spending, no changes to entitlements. david: if i'm tea party member i've had my legs cut out from john boehner. >> that is absolutely you try. if impresident of the united states and democrats i need a plan that allows us to raise the debt ceiling in 2013. the way i view it you blunt severe components of it but still fiscal drag at beginning of the year. you will still have uncertainty what the size and scope of the federal government will look like 2013 and beyond....
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. >> the reagan defense is awesome. rg3 is phenomenal. coming to my first nfl game. >> on their home turf, scans fans believed they had a little luck on their side. it is the battle of the beltway. e battle to the because we have to take the steps to get there and we're going to do it. opposing teams of baltimore, we love them, we wish them the best, but on another sunday. ravens fans brought good charms with them, layer after layer. >> that's it. >> apparently all the good luck them goodot bring on the field. it is the redskins' nation that gets bragging rights tonight. fans of both teams it braved e rain and bundled up, but a on the way. let's get right over to our meteorologist who will tell us awayis rain is going anytime soon. we have another day of cloudy rain, but the big difference tomorrow is the temperatures. wait until you see what is on the way. chilly outside right now. 45 in cumberland as we look at our satellite and radar. there are that showers -- the moving intoivity cumberland and hagerstown. this is all living off towar
. >> the reagan defense is awesome. rg3 is phenomenal. coming to my first nfl game. >> on their home turf, scans fans believed they had a little luck on their side. it is the battle of the beltway. e battle to the because we have to take the steps to get there and we're going to do it. opposing teams of baltimore, we love them, we wish them the best, but on another sunday. ravens fans brought good charms with them, layer after layer. >> that's it. >> apparently all the...
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joining me is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our farmers and ranchers, devastated worst drought in 50 years. fires detroit nine million acres of forest and fields. we'll seeing it on the ski slopes. climate change for the slopes means less snow on the ground, feuder skiers on the slopes. if you make your living in the business, less money in the wallet and paycheck. sandra: one might question that reasoning behind this and say a billion dollar loss for the industry over the past decade. your study says 27,000 jobs have been lost. i might remind you hey, we've been in a brutal recession. we're slow coming out of it. it might
joining me is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our...
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if he wants to avoid 20 years, he will know exactly what to say to prepare his defense. the government would only give it to him if he could basically tell him about what steve cohen new about the insider trades that he was accused of. in the indictment, it says that bythat -- he traded those stocks based on insider information. he was not supposed to do that. then he told steve cohen something that caused steve cohen to trade those stocks. we should point out also, the largest insider-trading case and probably, in recent history. something like $270 million of ill-gotten gains. we do not know if he has told him i am facing these traits on illegal information. we just know that he talk to him. you talk to a lot of people on the street. we still do not know that information and how it was conveyed. that is what the government wants. tell us what you said. how you said it. did steve cohen no it was inside legal information. melissa: it seems like a conflict of interest. charlie: it is completely legal. his contract may not have said we give you, you know, we give you lawye
if he wants to avoid 20 years, he will know exactly what to say to prepare his defense. the government would only give it to him if he could basically tell him about what steve cohen new about the insider trades that he was accused of. in the indictment, it says that bythat -- he traded those stocks based on insider information. he was not supposed to do that. then he told steve cohen something that caused steve cohen to trade those stocks. we should point out also, the largest insider-trading...
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. >> a shocking nfl tragedy leaves one player dead and defensive line lineman josh brent faces charges. how did it happen? what does the dallas cowboys front office say about the players? >> the flu is on the way. health officials warning of a looming crisis. why they say we could see the worst outbreak of the flu in nearly a decade. coming up, how to protect yourself and your loved ones. we'll tell you about that in "sunday house call." can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only wayo camp. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. military families face, we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help
. >> a shocking nfl tragedy leaves one player dead and defensive line lineman josh brent faces charges. how did it happen? what does the dallas cowboys front office say about the players? >> the flu is on the way. health officials warning of a looming crisis. why they say we could see the worst outbreak of the flu in nearly a decade. coming up, how to protect yourself and your loved ones. we'll tell you about that in "sunday house call." can i help you? i heard you guys...
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lori: all industries, it is fascinating the industry building up defenses against cyber attack is taking off. we could do a segment on that. charles: i get to bring in john mcafee. melissa: nicole petallides on the floor of the new york stock exchange watching. nicole: we're taking a look, very carefully for a few reasons. they day they have had good business headlines for you. they plan to spin off the unit, security business. it snakes mechanical and electric locks, steel doors. they will spin it off into a new company coming from pressure from one of the shareholders to unleash the more shareholder values, this is one of the ways they're doing it. known for heating and cooling systems. don't forget th they recently raised quarterly dividends. melissa: thank you so much. lori: what can i do about using the uncertainty. we'll be joined to talk about the policy. melissa: there you can see the dow is weaker against the euro and tte pound. we will be right back. withidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and st
lori: all industries, it is fascinating the industry building up defenses against cyber attack is taking off. we could do a segment on that. charles: i get to bring in john mcafee. melissa: nicole petallides on the floor of the new york stock exchange watching. nicole: we're taking a look, very carefully for a few reasons. they day they have had good business headlines for you. they plan to spin off the unit, security business. it snakes mechanical and electric locks, steel doors. they will...
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defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the government is draining your wallet, you may want to take a closer look at those people around your house. what they are carrying around and using. i am talking about apple products. households spend an average of $450 on those devices in 2011. nearly tripled the amount in 2011. analysts are calling it an apple tax. no, it is just, you are spending money on stupid apple products. under intense pressure to curb its budget, the army is due this thing a growing number of soldiers that did not meet fitness standards. the number of active duty military personnel deemed obese, more than tripled. obesity is now the leading cause of ineligibility for people who want to join the army. connell:
defense attorneys for. to asking a judge to and gps monitoring. those are your headlines. dagen: thank you. british banking giant agreeing to pay almost $2 billion. more than $1.9 billion. a record amount for a allowing money laundering to go on for years. this is the largest penalty ever paid. it is a nonprosecution agreement. if it changes its ways it will not be prosecuted. if you think the government is draining your wallet, you may want to take a closer look at those people around your...
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. >> last week, the supreme court of litigations had the defensive marriage act, and with the 1.5 million cost, outside counsel to sign the law, but according to the report, it decreased. do you support the idea of raising -- >> if the justice department is not going to enforce the law of the land, the congress will. thank you, all. >> all right, speaker of the house, john boehner, that's where we are, live update from washington on the progress or lack thereof, pushing for stepping cuts as expected, but the president's idea of a balanced approach is anything but. brett, the host of special reports, fox news channel with us now from dc. what's the analysis of that? what's going on here? >> connell, i don't think it's just public pronouncements. i don't think this is just bluffing for the microphone phone, and this is where republicans are, and they don't believe that the white house, that the president has put forward significant spending cuts anywhere near what they would like to see prior to jumping off a point where they are going to raise any tax rates. i mean, if they get to the poin
. >> last week, the supreme court of litigations had the defensive marriage act, and with the 1.5 million cost, outside counsel to sign the law, but according to the report, it decreased. do you support the idea of raising -- >> if the justice department is not going to enforce the law of the land, the congress will. thank you, all. >> all right, speaker of the house, john boehner, that's where we are, live update from washington on the progress or lack thereof, pushing for...
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not any weapon is appropriate for self defense in the home. all the supreme court said is that you have a right to have a handgun in your home for self defense. they didn't say you have a right to have any kind of gun like an assault weapon and didn't say you have any right to take that gun out on to the public street and carry it with you. there are still a lot of questions to be answered by the supreme court on the scope of the second alternate. at least today as we understand it it does not ban from limiting magazines. >> background searches, limiting sale of semiautomatics and restrictions on hidden carry you don't think would be barred by the constitution. >> i don't think any of those restrictions are likely to be struck down by the supreme court. may be the biggest is the right to carry concealed weapons on the street. the supreme court said the right to bear arms is the right to carry arms but didn't make conditions. it's important to me the supreme court will say the government can require a license for anyone who wants to carry a gun
not any weapon is appropriate for self defense in the home. all the supreme court said is that you have a right to have a handgun in your home for self defense. they didn't say you have a right to have any kind of gun like an assault weapon and didn't say you have any right to take that gun out on to the public street and carry it with you. there are still a lot of questions to be answered by the supreme court on the scope of the second alternate. at least today as we understand it it does not...
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16 years ago congress enacted and the president signed into law the so-called defense of marriage act stewing governmental discrimination against gay couples we defining for federal purposes a marriage as an union between a man and a woman. on friday the supreme court announced it would weigh in agreeing to take a pair of cases challenging the definition of marriage. with me now to weigh in on what we can expect as gay marriage heads to high court as richard coraide former president ofe quality matters akhil reed amar. thank you for joining me. >> if legally married in a state like new york, the federal government cannot recognize your marriage. a number of couples sued and said that was unconstitutional, and that's the issue in the defensive marriage act case. in the other case, the proposition 8 case, a number of couples from california sued to overturn the proposition 8 which is the 2008 law which outlawed same-sex marriage after the courts said it was required. >> cenk: and so, akhil you're able to thread the needle. explain the constitutional difference between these cases and ho
16 years ago congress enacted and the president signed into law the so-called defense of marriage act stewing governmental discrimination against gay couples we defining for federal purposes a marriage as an union between a man and a woman. on friday the supreme court announced it would weigh in agreeing to take a pair of cases challenging the definition of marriage. with me now to weigh in on what we can expect as gay marriage heads to high court as richard coraide former president ofe quality...
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Dec 13, 2012
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if martoma cooperates, it is actually very important for his defense. we should also point out that martoma's attorney will deny the cooperation agreement. they are footing the bill for martoma's legal fees which is separate from his cooperation agreement. jake, unpack this for us. they have a cooperation agreement, which i think is pretty key here. what do you make of it. >> martoma just made the biggest trade of his life. he chose steve cohen. here is the deal that they have. steve cohen is paying the legal fees. that could be millions. he gets a copy of the government playbook. they will work and share information together. rather than flipping on steve cohen, he has decided to work with him and he is betting that the high-priced lawyers will beat the feds, as they usually do. adam: is this kind of like a conflict of interest. >> they say we have the same interests and beating the government and saying this was not insider-trading. the government also flipped this doctor who told martoma about the trials. charlie: this is all about martoma's trading.
if martoma cooperates, it is actually very important for his defense. we should also point out that martoma's attorney will deny the cooperation agreement. they are footing the bill for martoma's legal fees which is separate from his cooperation agreement. jake, unpack this for us. they have a cooperation agreement, which i think is pretty key here. what do you make of it. >> martoma just made the biggest trade of his life. he chose steve cohen. here is the deal that they have. steve...
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Dec 12, 2012
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also, some of the defense money needs to be cut at this point. we need to look and see how much is cut. certainly, all of us is worried about a percent across the board. some cuts have to be made. revenues need to be increased. if at a higher rate on the wealthy, but not as much as that used to be under the clinton years, we have to see how much that brings. if that means getting rid of some deductions, we have to see what those are and how much revenue is on the table. dagen: representative, thank you. >> i get to go home every weekend and i love being called. orange county is a great place. i have to tell you, people.com know how serious this is. i am willing to stay here to get the job done. dagen: representative, thank you. take care. connell: we will go back out to michigan and this union firestorm we have been covering out there. dagen: ticket vendor stubhub has a new deal. thumbs up with major league baseball. the problems. big names like the yankees opting out. that is 40% of stubhub baseball business. oil is up. ♪ ♪ connell: here it
also, some of the defense money needs to be cut at this point. we need to look and see how much is cut. certainly, all of us is worried about a percent across the board. some cuts have to be made. revenues need to be increased. if at a higher rate on the wealthy, but not as much as that used to be under the clinton years, we have to see how much that brings. if that means getting rid of some deductions, we have to see what those are and how much revenue is on the table. dagen: representative,...
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Dec 10, 2012
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defense secretary leon panetta added they put the safety of another american ahead of their own. the family of dr. joseph issued a statement tonight extenting their condolences to the family of navy seal petty officer nicolas check. they said they could not be more grateful for his sacrifice. bret? >> bret: jennifer griffin at the pentagon. thank you. still ahead. getting hot under the collar over solar industry profits. first, assume the republicans and the democrats strike a fiscal cliff deal. what happens then? many of my patients still clean their dentures with toothpaste. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and may have surface pores where bacteria can multiply. polident is designed to clean dentures daily. its unique micro-clean formula kills 99.9% of odor causing bacteria and helps dissolve stains, cleaning in a better way than brushing with toothpaste. that's why i recommend using polident. [ male announcer ] polident. cleaner, fresher, brighter every day. neural speeds in
defense secretary leon panetta added they put the safety of another american ahead of their own. the family of dr. joseph issued a statement tonight extenting their condolences to the family of navy seal petty officer nicolas check. they said they could not be more grateful for his sacrifice. bret? >> bret: jennifer griffin at the pentagon. thank you. still ahead. getting hot under the collar over solar industry profits. first, assume the republicans and the democrats strike a fiscal...
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Dec 7, 2012
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, as well it seems. >> well, i was playing more than defense. unfortunately it feels like in the house the tail continues to wag the dog. you still seem to have a leadership on the republican side in the house led by speaker boehner and eric cantor who are dug in, continuing to say that they are not going to generate revenue through increasing tacker rates on the wealthiest 2% of this country. eric cantor said he would not bring the bill that is sitting over in the house having passed the senate to the floor that gives certainties to the middle class passing the tax cuts that we all agree needs to be extended right now. i'm hopeful ever hopeful that we can work together and have a balanced approach to deficit reduction to avoiding the fiscal cliff with revenue and spending cuts departments are willing to embrace so we can make sure we avoid this fiscal cliff and particularly raise the debt ceiling and avoid economic disaster. >> if that's the only particular issue to confront us next year if it is not wrapped up in this one negotiation as it sho
, as well it seems. >> well, i was playing more than defense. unfortunately it feels like in the house the tail continues to wag the dog. you still seem to have a leadership on the republican side in the house led by speaker boehner and eric cantor who are dug in, continuing to say that they are not going to generate revenue through increasing tacker rates on the wealthiest 2% of this country. eric cantor said he would not bring the bill that is sitting over in the house having passed the...
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Dec 5, 2012
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. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council voted against several bills. matt has more. >> reporter: the mayor appears to be concerned about the budget when it comes to a number of bills passed by the council yesterday and one thing that could put a hole is the plan by the council to lower speed camera fines. it passed last night and even though the mayor said the cameras are about safety, not mean, they generate a lot -- not money, they generate a lot of revenue and they could be close to $100 million the next four years. the mayor claims in total, the council passed bills to reduce the city's funding by $350 million that is over the next four years. the chairman of the council said the changes were important and they will be worked into the budget. >> some things done wrong and some things you wish were done
. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council voted against several bills. matt has more. >> reporter: the mayor appears to be concerned about the budget when it comes to a number of bills passed by the...
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and a defense contractor, posted higher profits. better than expected. maker of tommy bahama and lilly pulitzer brands. and disappointing, down you go, 12% down there and then facebook, joining nasdaq 100 one week from today. it's down 13, but it's at 27 now. work hard, all your life and build up an estate and leave it to your kids, and like to. the government takes, and attorneys say what to do to avoid it. first, christmas music from mark stein, i don't know why my picture is up there. that's mark stein and he's singing, not me. ♪ male announcer ] at scottrade, you won't just find us online you'll also find us in person, with dedicated support teams at over 500 brancs nationwide. so when you call or visit, you can ask for a name you know. because personal service startwith a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >> detroit, we're told, is on the verge of bankruptcy, but one member of the city
and a defense contractor, posted higher profits. better than expected. maker of tommy bahama and lilly pulitzer brands. and disappointing, down you go, 12% down there and then facebook, joining nasdaq 100 one week from today. it's down 13, but it's at 27 now. work hard, all your life and build up an estate and leave it to your kids, and like to. the government takes, and attorneys say what to do to avoid it. first, christmas music from mark stein, i don't know why my picture is up there. that's...
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Dec 9, 2012
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one is doma, defense of marriage act. this administration won't defend it in the courts. if that gets struck down, what does that say to cases where people have been allowed to marry in the same gender. what happens if doma gets struck down by the court, 5-4, whatever. >> the ridiculously named defense of marriage act would be gone. >> what would it mean to a person married? >> that would bemean couples married in those states would be recognized by the federal government. would mean we still have a lot of work to do and depending how they rule in the prop 8 case we still need other states to move forward with the right to marry. >> an honor to have you on and elizabeth, glad to have you back in a much bigger studio now. the republican establishment at war with his crazy wing, said they lost election because i ideologues pulled mitt romney too far to the right. wrong says the right ring, we lost because mitt romney wasn't right wing enough. the winner will determine whether the gop returns to the center or becomes a more fringy party. >>> two people get in the room. the p
one is doma, defense of marriage act. this administration won't defend it in the courts. if that gets struck down, what does that say to cases where people have been allowed to marry in the same gender. what happens if doma gets struck down by the court, 5-4, whatever. >> the ridiculously named defense of marriage act would be gone. >> what would it mean to a person married? >> that would bemean couples married in those states would be recognized by the federal government....
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you know possibly where his legal defense is going, so it is an interesting issue. i have bounced this off of a number of lawyers. the wayne state university professor said listen, drug cartels do this often. it is classic. it always does despite the fact it is routine in some respects, we don't know what it says, but it is routine but it raises suspicions all the time. this is somewhat controversial. another wrinkle in the case, a lot of people say staring at 20 years, shows no signs of wanting to cooperate. i talked to a lot of people, they say yes. melissa: charlie, thank you. a battle for control as opec meets. who will be the new leader of the oil cartel? saudi arabia or arch rival iran fighting for the top spot. [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any q
you know possibly where his legal defense is going, so it is an interesting issue. i have bounced this off of a number of lawyers. the wayne state university professor said listen, drug cartels do this often. it is classic. it always does despite the fact it is routine in some respects, we don't know what it says, but it is routine but it raises suspicions all the time. this is somewhat controversial. another wrinkle in the case, a lot of people say staring at 20 years, shows no signs of...
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Dec 9, 2012
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one in san francisco, a lot of the cameras have actually been used by defense attorneys because they improve their client wasn't the person accused 06 of the crime. that is one thing the aclu may think about. and the other thing, let's not forget when you think of drones, everybody has cameras on cell phones and putting them up on the internet all the time. so, big brother is little brother. >> right. >>> california voters may be looking at the bright side of life. >> new numbers showing the state may be go in the right direction when it come to the economy. so, our political insiders sound off on what it all means. i remember the moment clearly. -i'll never forget that moment. woman: as long as i live. man: i realized, at that moment, when we first saw the damage, these people really needed us and i was going to make a difference, right here in my community. together with local responders, we cleared trees and collapsed walls. we had to get to the family trapped beneath. as a citizen-soldier, i made a difference. announcer: be there for your community, at nationalguard.com. up with
one in san francisco, a lot of the cameras have actually been used by defense attorneys because they improve their client wasn't the person accused 06 of the crime. that is one thing the aclu may think about. and the other thing, let's not forget when you think of drones, everybody has cameras on cell phones and putting them up on the internet all the time. so, big brother is little brother. >> right. >>> california voters may be looking at the bright side of life. >> new...
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Dec 8, 2012
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one is doma, the defense of marriage act. this administration will not defend it in the courts. if that gets struck down, what does that say to cases around the country where people have been allowed to marry in the same gender? chad, on that. what happens it doma gets struck down by the court, 5-4 or whatever? >> the ridiculously named defense of marriage act would be gone obviously. >> what would it mean to a gay person who is married? >> that would mean that couples who are married in those states as well as the district of columbia, their marriages would be recognized by the federal government. now, it would mean we still have a lot of work to do, and depending on how they rule in the prop 8 case, we would still need other states to move forward with the right to marry. >> right. >> thank you. it's an honor to have you on and your organization. elizabeth birch, we are in a much bigger studio. >>> the republican establishment is at war with its crazy wing. they say they lost the election because ideologues pulled mitt romney foo far to the right. that sounds reasonable. wrong
one is doma, the defense of marriage act. this administration will not defend it in the courts. if that gets struck down, what does that say to cases around the country where people have been allowed to marry in the same gender? chad, on that. what happens it doma gets struck down by the court, 5-4 or whatever? >> the ridiculously named defense of marriage act would be gone obviously. >> what would it mean to a gay person who is married? >> that would mean that couples who are...
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Dec 6, 2012
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that those defenses from within are weakening. >> mike, the president and speaker boehner apparently did have a telephone conversation last night. are we inching closer to a deal or is that too much of a grown-up christmas wish? >> it's really impossible to say. i think most people in this town would say if it were up to john boehner, he would cut the deal. there are a lot of indications of softening of positions from within republican ranks. i myself am not entirely convinced. i thin there are going to be a lot of hard core bitter enders, if you like, who are not going to vote for a tax increase under any circumstances within the house gop conference, and it could be a very ugly fight within the gop. so the fact that neither side is telling us anything, jay carney today 23r from the podium would not characterize it other than to confirm it took place. kind of ironic, people were taking that as a positive sign. >> mike viqueira delivering depressing news with a smile on his face. thank you, sir. stay with us. the day's "top lines" are coming up. [ male announcer ] it's that time of y
that those defenses from within are weakening. >> mike, the president and speaker boehner apparently did have a telephone conversation last night. are we inching closer to a deal or is that too much of a grown-up christmas wish? >> it's really impossible to say. i think most people in this town would say if it were up to john boehner, he would cut the deal. there are a lot of indications of softening of positions from within republican ranks. i myself am not entirely convinced. i...
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Dec 12, 2012
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they can huff and puff right now, but they are playing defense is what it gets down to. >> we talked about the options in our first read. they can file legal actions charging the process and violated the states and opened meetings act and overturned it bypassing a voter initiated law. are those two long shot options there? >> well, there will be a lot of litigation. no question about that. they will do everything they can in court and maybe that's the best chance of success. in terms of an initiative or referendum, the bill that passed the legislature innoculates the law for being challenged in a referendum. it's got an appropriation in it. i don't see a way you will get an initiative drive that could do anything before 2014 which is say regular election. there could be recalls, but guess what. today the republicans are voting on a bill to amend and reform the recall law here in michigan to make it tougher to recall legislators. >> that would box in any recall there. let me bring you in as well on this. there was an article that i read that discussed the labor mistake or the mistake
they can huff and puff right now, but they are playing defense is what it gets down to. >> we talked about the options in our first read. they can file legal actions charging the process and violated the states and opened meetings act and overturned it bypassing a voter initiated law. are those two long shot options there? >> well, there will be a lot of litigation. no question about that. they will do everything they can in court and maybe that's the best chance of success. in...
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Dec 10, 2012
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. >>> dallas cowboys' defensive lineman josh brent is out of jail on bond of half a million dollars after the death of teammate jerry brown. brent was freed yesterday after been charged with intoxication manslaughter in a vehicle accident saturday. brent had a previous drunk driving arrest and faces up to 20 years in prison on this new charge. >>> let's get back to the weather and nbc meteorologist bill karins with the forecast. you are saying the snow is over, now rain? >> rain for the east coast. then the cold air will rush in. it's just -- we knew it was going to happen. >> great. good stuff. >> it was a matter of time. this is a pretty big storm, significant storm. this is one of those storms that changes the weather pattern for the winter. and now you wonder if the cold air is locked in place in the midwest and here to stay. so the storm itself is exiting, heading up toward buffalo. it will head up montreal to canada during the day. because of that storm pass, it's actually dragging warm up up the eastern seaboard. enjoy it while it lasts. we could see 60s as far north as boston toda
. >>> dallas cowboys' defensive lineman josh brent is out of jail on bond of half a million dollars after the death of teammate jerry brown. brent was freed yesterday after been charged with intoxication manslaughter in a vehicle accident saturday. brent had a previous drunk driving arrest and faces up to 20 years in prison on this new charge. >>> let's get back to the weather and nbc meteorologist bill karins with the forecast. you are saying the snow is over, now rain?...
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Dec 11, 2012
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overall you would think orders, like future orders, which is what defense spending -- defense stocks trade on would be noticeable to the downside and there's ate lot of worry. not underperforming the market. since the beginning of the deekz december, they have been outperforming. >> go ahead, debra. >> been at the tax rates before and it wasn't like nobody jumped out of market. stocks did outperform at market. >> but that was a very different time, wasn't it? we were on the east internet. you had dotcoms soaring and money moving into technology right before the year 2000. we had a balanced budget. in fact, a surplus under president clinton. very different economic moment. >> right, but you can still argue that you also have another internet boom going on with the mobile boom. >> i think the big thing here is the overall market continues to hold up very, very well. did you hear harry reid? the senate majority leader says i don't think we'll get a deal by christmas. would you think that's a real negative for the market. only lost 25 or 30 points in the dow on that. that surprised me. >
overall you would think orders, like future orders, which is what defense spending -- defense stocks trade on would be noticeable to the downside and there's ate lot of worry. not underperforming the market. since the beginning of the deekz december, they have been outperforming. >> go ahead, debra. >> been at the tax rates before and it wasn't like nobody jumped out of market. stocks did outperform at market. >> but that was a very different time, wasn't it? we were on the...
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. >> the defense of marriage act, defining marriage as the legal union of one man and one woman. the court also announced it will decide where the california's proposition 8, which bans same-sex marriage, is constitutional. voters in california passed prop 8 four years ago but since then two courts have said it is unconstitutional. american's views on this issue have shifted rapidly, to where the majority of americans now support same-sex marriage. the cases will be heard in march. a ruling is expected in june. these decisions will have you judge for fairness in this country. one reporter described this case as the roe versus wade of gay rights. we have three special guests tonight. joining me now is richard, a former white house advicer to former president clinton and equality matters, a guy rights advocacy rights group. dustin, activist and award-winning screenwriter of the movie "milk." he's helped to lead the charge to overturn proposition 8. and jonathan capehart, opinion writer for "the washington post" and an msnbc contributor. let me thank you both for joining me tonight.
. >> the defense of marriage act, defining marriage as the legal union of one man and one woman. the court also announced it will decide where the california's proposition 8, which bans same-sex marriage, is constitutional. voters in california passed prop 8 four years ago but since then two courts have said it is unconstitutional. american's views on this issue have shifted rapidly, to where the majority of americans now support same-sex marriage. the cases will be heard in march. a...
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Dec 10, 2012
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secretary of defense leon panetta issued a statement last night commenting the special forces that carried out the raid. he said he was deeply saddened by the soldier's death whose name has not yet been released. >>> now to the ongoing crisis in syria. the civil war now spilling over the border into lebanon where at least 17 people were killed in recent clashes between supporters and opponents of president assad. this as syrian rebels continue to make advances continuing much of the countryside and the open road. richard engel amazingly made his way inside syria and filed this report just outside of the nation's largest city, aleppo. >> reporter: as this conflict drags on the people are suffering, but also showing a tremendous amount of resilience. this house was bombed by mistake. the people who lived here lived next to a rebel commander. now they're homeless. aside from the damage, and there is extensive damage in this part of syria just on the outskirts of the city of aleppo, there are also tremendous economic difficulties. the syrian currency is now worth about half of what it was wort
secretary of defense leon panetta issued a statement last night commenting the special forces that carried out the raid. he said he was deeply saddened by the soldier's death whose name has not yet been released. >>> now to the ongoing crisis in syria. the civil war now spilling over the border into lebanon where at least 17 people were killed in recent clashes between supporters and opponents of president assad. this as syrian rebels continue to make advances continuing much of the...
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pathetic defense. up next, the fiscal cliff. president obama is in campaign mode while republicans are considering -- well, considering. can the president pull off a historic victory? maybe, you're watching hardball. the place for politics. >> welcome back to "hardball." last night, john boehner met one-on-one to crunch a fiscal deal. tfts the first time the two men met alone like this since the summer of 2011. the president was in michigan speaking before autoworkers and selling his tax plan. >> if congress doesn't act soon, meaning the next few weeks, starting on january 1st, everyone is going to see their income taxes go um. it's true. you all don't like that. we can solve this problem. all congress needs to do is pass a law that could prevent a tax hike on the first $250,000 of everybody's income. everybody. [ applause ] that means 98% of americans and probably a hundred percent of ewe. >> some americans are slowly but steadily facing on the reality of fiscal americans. >> there is a growing group of folks that are looking a
pathetic defense. up next, the fiscal cliff. president obama is in campaign mode while republicans are considering -- well, considering. can the president pull off a historic victory? maybe, you're watching hardball. the place for politics. >> welcome back to "hardball." last night, john boehner met one-on-one to crunch a fiscal deal. tfts the first time the two men met alone like this since the summer of 2011. the president was in michigan speaking before autoworkers and...
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one about proposition 8 in california, defense of marriage act. how do you think the supreme court will rule here? give me a bet. if they uphold the lower court rulings does it oop the flood gates? >> the reason that gay marriage hasn't provoked a civil war the way abortion did, it hasn't been imposed by the supreme court or major could recall. what is done is we have been going state by state. mostly by voters. couple cases state court but mostly by voters. if the court does impease gay marriage throughout the country, it will be an, explosive political issue. >> john: charles? >> the supreme court signaled today it's ware of that dange danger. out added two questions this the party themselves had not added to the case asking whether or not faye, the federal court should have jurisdiction over this. whether the parties were appropriately before the court et cetera. this shows to me that they are looking for a way to finesse this issue. so they don't come down one way or the other, unless they absolutely can't avoid it. precisely because these are
one about proposition 8 in california, defense of marriage act. how do you think the supreme court will rule here? give me a bet. if they uphold the lower court rulings does it oop the flood gates? >> the reason that gay marriage hasn't provoked a civil war the way abortion did, it hasn't been imposed by the supreme court or major could recall. what is done is we have been going state by state. mostly by voters. couple cases state court but mostly by voters. if the court does impease gay...